One of the S&P 500’s big losers for Wednesday January 06 was National Oilwell Varco Inc (NOV). The company’s stock fell 7.08% to $31.24 on volume of
4.71 million shares.

The stock opened the day at 32.78 and traded between a low of $31.14 and a high of $32.78. The stock finished the day down $2.38 per share. National Oilwell Varco Inc has an average
daily volume of 5.43 million and a total float of 375.75 million shares. The 50-day SMA for National Oilwell Varco Inc is $36.10 and its 200-day SMA is $42.32.
The high for the stock over the last 52 weeks is $64.20 and the low is $32.89.

National Oilwell Varco Inc is a provider in the design, manufacture and sale of equipment and components used in oil and gas drilling, completion and production operations, and the provision of oilfield services to the upstream oil and gas industry.

National Oilwell Varco Inc is centered in Houston, TX, and has 63,642 employees. Today’s trading day leaves the company with a market cap of $11.74 billion. The company has a P/S ratio of n/a, P/B ratio of 0.65, and a -57.2.

The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been
relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.

While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks
for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.

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Resources ("MESA") is sponsoring the development of the two well direct
drilling project -- "Mesa-Marshall #1-2". MESA, founded in 1992, is
engaged in the acquisition, exploration and development of…